World leaders have descended on Baku, Azerbaijan, as COP29 kicks off with a critical mission: forging a new global climate finance target to replace the $100 billion annual pledge from wealthy nations to developing countries. 🌱💸
Dubbed the 'moment of truth' by organizers, this year's UN climate summit will tackle carbon market regulations and accelerating the transition from fossil fuels – hot topics for young activists and policymakers alike. 🌏⚡
'This conference will test our commitment to the Paris Agreement,' declared COP29 President-Designate Mukhtar Babayev, emphasizing the need for urgent, unified action. The stakes? Nothing less than keeping the 1.5°C climate goal alive. 🔥📈
With over 190 countries negotiating, all eyes are on whether nations can bridge divides and deliver concrete plans ahead of 2025 – when the new funding framework takes effect. 💡🤝
